2009 – 2ND
QTR. SEA ISLE CITY, NJ – STATISTICS:
RESIDENTIAL:
UNDER
CONTRACT
COMPARABLE SALES
APRIL
1
0
MAY
2
0
JUNE
0
1
(3)
(1)
LOTS / LAND:
UNDER
CONTRACT
COMPARABLE SALES
APRIL
0
1
MAY
0
0
JUNE
0
0
(1)
COMMERCIAL:
UNDER
CONTRACT
COMPARABLE SALES
APRIL
0
0
MAY
0
0
JUNE
0
0
MULTI-FAMILY:
UNDER
CONTRACT
COMPARABLE SALES
APRIL
2
2
MAY
0
0
JUNE
0
2
(2)
(4)
CONDO/TOWNHOUSE: UNDER
CONTRACT
COMPARABLE SALES
APRIL
5
18
MAY
15
16
JUNE
9
15
(29)
(49)
ORIGINAL
List Price REDUCED List Price
SOLD Price Days on Mkt
APRIL
$
682,861.
$ 621,401.
$ 582,305. 212
MAY
713,662.
683,419.
655,031. 246
JUNE
699,907.
680,973.
643,333. 183
2ND QTR
AVERAGE $
698,810.
$ 661,931.
$ 626,890. 214
- Difference
between ORIGINAL List Price and SOLD Price = (10%)
- Difference
between ORIGINAL List Price and REDUCED Price = (5%)
SEA ISLE CITY –
COMPARISON: 1ST QTR 2009 VS. 2ND QTR 2009:
1ST QTR – TOTAL CONDO/TOWNHOUSE UNITS UNDER
CONTRACT = (34)
1ST QTR – TOTAL CONDO/TOWNHOUSE UNITS SOLD =
(28)
1ST QTR – TOTAL NEW CONSTRUCTION
CONDO/TOWNHOUSE UNITS SOLD = (5)
1ST QTR.
ORIGINAL List Price REDUCED List Price SOLD
Price Days on Mkt
AVERAGE $
748,670.
$
700,060.
$
654,536.
209
2ND QTR – TOTAL CONDO/TOWNHOUSE UNITS UNDER
CONTRACT = (29)
2ND QTR – TOTAL CONDO/TOWNHOUSE UNITS SOLD =
(49)
2ND QTR – TOTAL NEW CONSTRUCTION
CONDO/Townhouse UNITS SOLD = (12)
2ND
QTR. ORIGINAL List
Price REDUCED List Price SOLD
Price Days on Mkt
AVERAGE $ 698,810.
$
661,931.
$
626,890.
214